The structure of the short-run model is best described as which of the following?
A) Nominal interest rate Real interest rate
Shortrun output
Change in inflation
B) Nominal interest rate Real interest rate
Change in inflation
C) Nominal interest rate Short-run output
Change in inflation
D) Real interest rate Short-run output
Change in inflation
Nominal interest rate
E) Short-run output Change in inflation
Real interest rate
Nominal interest rate
Correct Answer:
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